1118 F St Ne, Washington, DC 20002

Property Description

Incredible Investment Opportunity – Grand Renovated Townhouse with Strong Income Potential! Recently appraised at $2M this beautifully renovated semi-detached townhouse presents a rare opportunity for both savvy investors and discerning homeowners. Currently configured as a 3-unit building, the property offers flexible living arrangements and strong rental income—with a cap rate of over 6%! Whether you’re seeking a 1031 exchange, a high-yield investment, or the perfect opportunity to live in a spacious owner’s unit while generating income, this property checks all the boxes. A tandem parking space in the rear adds convenience and value. Primary Unit (Owner’s Duplex – 4BD/3BA) - Spanning over 2,200 sq. ft., the spacious owner’s unit features three sides of natural light, beautifully updated bathrooms, and a smart layout with one bedroom on the main level and three upstairs. Currently leased at $5,250/month, this 4-bedroom, 3-bathroom duplex combines historic charm with modern updates. Lower Units: Both the garden and main-level units have been recently updated with modern kitchens and bathrooms and around 1,000 sq. ft.: -Main Level Unit: 2BD/2BA, currently rented for $2,950/month -Lower Level Unit: 2BD/2BA, currently rented for $2,600/month Unbeatable Location - Just blocks from H Street Corridor, Union Market, Union Station, Stanton Park, Lincoln Park, and Eastern Market. Enjoy unmatched access to dining, shopping, public transit, and vibrant community life. Don't miss this exceptional opportunity in one of DC’s most desirable neighborhoods!